This course is designed to teach practitioners the basics of community property. It covers what community property is and how to report it, and then discuss how our modern-day concept of filing statuses was shaped by community property law a century ago.
Learning Objectives
- Identify the states that use community property law.
- Explore and understand which items of income are considered community property and which are considered separate property.
- Discover and understand how some taxpayers may get relief from community property requirements.
- Identify and understand Form 8958, the reporting form used for reporting community property.
- Recognize and understand how community property laws directly led to Congress creating the modern-day concept of filing statuses.
Last updated/reviewed: August 28, 2023
- 1. The Taxpayer Advocacy Panel (TAP) for Accountants
- 2. Understanding VAT (Value Added Tax) Accounting and Control
- 3. Common Forms Series: Form 2441 - Updated for 2024
- 4. Practical Application For Accounting For Income Taxes Based On Income Part 1
- 5. Earned Income Credit - 2024 Tax Returns
- 6. Fundamentals of Tax Free Spinoffs
- 7. Circular 230 and Rogue Return Preparers
- 8. IRS Internal Revenue Manual for Accountants
- 9. International Tax: Foreign Trusts for U.S. Taxpayers
- 10. Practical International Tax for the Non-Specialist #7: Foreign Investment in US Real Property - FIRPTA
6 Reviews (30 ratings)
Reviews
Prerequisites
Course Complexity: Foundational
No advanced preparation or prerequisites are required for this course.
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA
95113
Contact:
For more information regarding this course, including complaint and
cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to
.
Jason DinesenInstructor